Operating Segments (Tables)

12 Months Ended

Dec. 31, 2018

Operating Segments [Abstract]

Geographic Information of Operating and Finance Lease Revenue

The tables below set forth geographic information about the Company’s operating lease revenue and net book value for leased aircraft and aircraft equipment, grouped by domicile of the lessee:

	For the Years Ended December 31,
Operating Lease Revenue	2018		2017
Europe and United Kingdom	$	16,258,800	$	14,941,100
North America		10,119,100		8,506,700
Africa		-		3,306,100
Asia		1,259,600		1,251,300
Australia		-		997,500
	$	27,637,500	$	29,002,700

The table below sets forth geographic information about the Company’s finance lease revenue, grouped by domicile of the lessee:

	For the Years Ended December 31,
Finance Lease Revenue	2018		2017
Africa	$	832,800	$	1,180,600
United Kingdom		418,200		390,900
	$	1,251,000	$	1,571,500

Net Book Value of Aircraft and Aircraft Engines Held for Lease

	December 31,
Net Book Value of Aircraft and Aircraft Engines Held for Lease	2018		2017
Europe and United Kingdom	$	110,069,000	$	92,108,500
North America		68,485,400		72,270,700
Off lease		-		24,636,900
Asia		5,465,500		6,082,100
	$	184,019,900	$	195,098,200